Investment Platforms and Marketplaces

March 25, 2020 @ 8:17 am By JD Alois  |  

Seedrs, a top European securities crowdfunding platform, has issued a statement on new initiatives to aid portfolio companies and investors. Authored by co-founder and Chairman Jeff Lynn, Seedrs says it is keenly aware of the significant challenges caused by the Coronavirus pandemic: “We have a … Read More

March 24, 2020 @ 11:38 pm By Omar Faridi  |  

Uniswap, a widely-used non-custodial digital asset exchange, has revealed that the decentralized protocol’s second iteration will launch during Q2 2020. It will add new features such as support for additional ERC-20 compliant pairs, more peer to peer price oracles, flash swaps and a new protocol… Read More

March 24, 2020 @ 7:01 pm By JD Alois  |  

CrowdStreet is one of a group of real estate crowdfunding platforms that got in early and appears to have established a sustainable model. Founded to democratize investment opportunity in commercial real estate, CrowdStreet provides direct access to a range of vetted, institutional-quality commercial real estate… Read More

March 24, 2020 @ 5:47 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Tuesday it has joined companies through the U.S., including Biz2Credit, Credibly, Fundbox, Homebase, Kabbage, Funding Circle, Plaid, LendingTree, and Wisely, to send a letter to the U.S. Senate and House of Representative leaders to approve $500 billion in discretionary… Read More

March 24, 2020 @ 3:50 pm By Samantha Hurst  |  

UK-based online lending platform LendInvest announced its latest update regarding the deferments of BTL payments during the COVID-19 outbreak. According to the online lender, landlords with a LendInvest mortgage who believe they will have genuine difficulties making their payments as a result of the COVID-19… Read More

March 24, 2020 @ 2:52 pm By JD Alois  |  

In a tweet this week, Wefunder said it expects the first quarter of 2020 to be their best quarter ever. This is in an environment where Fintech investment is struggling and the emergence of the Coronavirus, or COVID-19, is hammering the entire world. While Q1… Read More

March 24, 2020 @ 10:52 am By JD Alois  |  

Kryon, a robotic process automation (RPA) provider, has announced the rapid development and implementation of a large scale data RPA process which integrates Maccabi Healthcare Services’ testing of COVID-19 with the Israeli Ministry of Health. Kyron is an early stage Medtech that has been backed… Read More

March 23, 2020 @ 5:47 pm By JD Alois  |  

LendingClub (NYSE:LC), the leading marketplace lending platform in the US, has issued another 8K outlining moves the company has taken to gird its platform during the Coronavirus pandemic. Last week, LendingClub issued a similar 8K outlining moves it had taken as interest rates and credit… Read More

March 23, 2020 @ 4:20 pm By Omar Faridi  |  

Cred, a cryptocurrency-based lending and borrowing service, is teaming up with professional NBA basketball player and businessman Spencer Dinwiddie. A special web page and service was launched on March 20, 2020 for Dinwiddie’s fans who may use the Cred platform. Cred allows users to earn… Read More

March 23, 2020 @ 11:10 am By JD Alois  |  

Creditshelf Aktiengesellschaft (CSQ.F) is reporting that revenue increased 92% during 2019. According to a release, creditshelf saw revenue increase to €4.564 million from year prior of €2.4 million. The growth was due in part to a successful partnership with Commerzbank. Creditshelf is an online lender… Read More

March 22, 2020 @ 6:50 pm By JD Alois  |  

Aescuvest international GmbH has issued a call to crowdfunding platforms to fight the global threat of the Coronavirus or COVID-19. aescuvest has issued a call to support programs to mitigate the economic impact of the pandemic and to promote and fund innovations that may help… Read More

March 22, 2020 @ 10:56 am By JD Alois  |  

Blockpulse is the first company in France to pursue a security token offering (STO). Blockpulse is a blockchain-based shareholding management solution. The company launched its service last week in partnership with Lemonway, a Fintech providing payment services. Blockpulse offers a blockchain-based software solution for digitizing… Read More

March 20, 2020 @ 10:37 pm By Samantha Hurst  |  

Marketplace lending company Funding Circle (LSE: FCH) announced on Thursday that despite the outbreak of COVID-19, it is reassuring investors that it is taking appropriate measures to respond to the situation and give them details on the various issues that are currently going on through… Read More

March 20, 2020 @ 9:50 pm By Samantha Hurst  |  

UK-based online lending platform LendInvest released more information about its operations during the COVID-19 outbreak. The online lender reported it has been monitoring the ongoing pandemic and so far it has not affected the its lending services. “All of our London-based staff are working remotely…. Read More

March 20, 2020 @ 6:34 pm By Omar Faridi  |  

Singapore-headquartered digital asset exchange Phemex announced on March 17, 2020, that it will be offering a proprietary perpetual contract, which is reportedly pegged on gold and settled in nominal US dollars. According to a press release shared with Crowdfund Insider: “Each contract is worth 0.001… Read More

March 20, 2020 @ 5:10 pm By JD Alois  |  

Global stock markets are tanking erasing hard in gains from the past 3 years while governments around the world struggle to keep economies moving forward during the Coronavirus pandemic reality. While COVID-19 is rattling markets everywhere, at least one, Reg CF, has shown signs of… Read More

March 20, 2020 @ 3:16 pm By Therese Torris  |  

The management of October, the Paris-headquartered European SME lending marketplace, announced today a three-month freeze on capital repayment in order to support the business continuity of its SME borrowers during the coronavirus crisis. A Capital Reimbursement Freeze The moratorium concerns loans granted by October to… Read More

March 20, 2020 @ 10:05 am By JD Alois  |  

Twino, a European peer to peer lender, has announced the launch of “Twino ventures” an offering that is said to provide high yield, secured loans. In a release, Twino said the loans will allow investors to participate in real estate projects “carefully selected by a… Read More

March 19, 2020 @ 10:41 pm By Omar Faridi  |  

Huobi, a crypto firm with offices in Singapore, Hong Kong, Korea, Japan, and the US, announced that its digital asset derivatives exchange platform, Huobi DM, will introduce a “partial liquidation” feature that will help limit significant losses resulting from trading during extremely volatile market conditions…. Read More

March 19, 2020 @ 7:40 pm By JD Alois  |  

Celsius Network, a blockchain-based marketplace platform, is reporting profitability after just 18 months of operation. The crypto platform enables users to borrow or lend crypto assets. The company claims that it distributes 80% of its revenue back to the depositor community as weekly interest income…. Read More